XP (NASDAQ:XP) Third Quarter 2022 Results
Key Financial Results
Revenue: R$3.49b (up 12% from 3Q 2021).
Net income: R$1.03b (up 10% from 3Q 2021).
Profit margin: 30% (in line with 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
XP Earnings Insights
Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Capital Markets industry in the US.
The company's shares are up 2.3% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on XP's balance sheet.
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